Vietnamese food and packaging machinery market business opportunities

- Participation in Vietnam documentary

China Food and Packaging Machinery Industry Association and CCPIT Machinery Sub husband treasure in 2003 年 18 to 21 December a delegation to participate in Ho Chi Minh City in Vietnam "held its third exhibition of Chinese goods." In addition to my association participating facilities a small pillow packing machine, the other left the scene all the options, on-site 59 thousand dollar contract, intention of the contract 840 thousand U.S. dollars. A limited liability company in Tianjin China cigarettes compete hard tuberous padding installed by the user to stay bought, traded a total of 550,000 U.S. dollars, and intends to contract 840,000 U.S. dollars. After the exhibition, a limited liability company in Tianjin China and Beijing Omori sky Packaging Machinery Co., Ltd. are in North Vietnam's Hanoi visit potential customers, and achieved satisfactory results. The show total Sichuan, Yunnan, Shandong, Hunan, Guangxi provinces and machinery exhibition pavilions, in which packaging and food machinery Pavilion largest transactions. Others such as tractor and small engine, diesel pumps and diesel generators are also welcome, transaction is not bad, but with virtually no turnover of equipment manufacturers. Mechanical & Electrical Co., Ltd. Beijing Institute slice of high-tech machine, first day of the show did not show because almost no one asked the next day with radish slices show that a user subscription. Vietnam's food machinery seems not widespread, there is no light there is in-kind performances, audiences do not understand, it would be difficult to purchase intention. As Vietnam's tropical fruit varieties yield, almost no processing, fruit processing at the show buy equipment and vertical bag machine users more flexible Unfortunately, no such equipment exhibition. In addition, from the market point of view, more popular mineral water drinks, water, beverage production equipment should have a better market.

Socialist Republic of Vietnam learn from Chinese experience, in the late eighties, "innovation, opening up" policy. According to Vietnamese Ministry of Planning and Investment Director introduced after 15 years, the existing more than 5,300 foreign-funded enterprises to enter Vietnam, located in 61 provinces and cities, the export value reached 53 billion U.S. dollars, up 25% of Vietnam's exports (excluding exports of raw materials ), foreign-funded enterprises account for 50% of exports, foreign invested enterprises in Vietnam occupied the 1 / 4 of the market, Vietnamese foreign revenue growth of 3% GDP growth in foreign-funded enterprises accounted for 14% of the country, foreign-funded enterprises in Ho Chi Minh City has been resolved 60 500 job opportunities, plus 7000 supplementary work opportunities, contributions are not small. Vietnam's annual economic growth rate of 7.5%, prices are stable. Vietnam has 80 million people, ranking 14th in the world, consumption has great potential, abundant labor resources, ability to accept new technologies. After reform and opening up, the market economy has been gradually taking shape. Private law enacted in 2000, the country so far, more than 65,000 private enterprises, with an average of about 100 people have a private (Reportedly, the U.S., Japan, about 15 people there was a small and medium enterprises). Vietnam-US Trade Agreement came into effect in 2001, the United States in Vietnam has been an important trade market, Vietnam's foreign investment policy from 1987, the state has been legislating laws to protect foreign investors, legal rights and interests in addition to the field of national defense and individual are welcome foreigners investment; foreigners can invest in housing, engage in processing zones, export processing zones, have preferences; in attracting foreign investment, the Vietnam more attractive than neighboring countries, the making of foreign capital enterprise income tax rate of 20%, 15%, 10% (by product nature of the points), foreign-invested enterprises in Vietnam can not produce the necessary material and equipment can be exempted from import tax, foreign exchange may also trade in Vietnam, domestic commercial banks, foreign companies can obtain loans by way of security. At present, China's investment in Vietnam is still relatively small.

Vietnam's GDP growth rate of 7.5% in both years 2002,2003; Ho Chi Minh City GDP growth rate in 2000 was 9.5%, 9.5% in 2001, 10.2% in 2002, is estimated to be 11% in 2003. 2000-2003 compared with 1991-1999, the private enterprises increased by 2.9%, Ho Chi Minh City alone there are 37 000 private enterprises, accounting for 45% of the country, Ho Chi Minh City there are 1,400 foreign-funded enterprises with total investment 12 billion U.S. dollars. Foreign companies from 27 countries and regions, of which 30% of industry, transport, post and telecommunications 21%, 37% of the tertiary industry, and some Chinese enterprises in Vietnam have been very successful. 65 million U.S. dollars under Ho Chi Minh City the power to approve investment projects, smaller projects can after finishing two days of approval.

They want the industry are:

(1) hi-tech projects;

(2) aquatic products processing projects;

(3) the industrial products, industrial equipment, such as shoe-making equipment, clothing and equipment;

(4) infrastructure and public transport equipment (including the subway).

According to the Vietnamese Chamber of Commerce introduced the Vietnamese seafood export 2 billion U.S. dollars every year, fruit and vegetable exports earned one billion U.S. dollars annually, but the lack of aquatic products and fruits and vegetable packaging and processing equipment, the Vietnamese are more valuable timber, but also a lack of wood processing equipment. All in all manufacturing industries are relatively weak, mostly relying on imports of machinery and equipment, we hope China can provide a variety of high quality processing machinery. Vietnam machinery demanding, recognized quality brand recognition, market competition, but competition and orderly, low-price competition is not necessarily beneficial. If the year of China's motorcycle had occupied Vietnam from 70 to 80 percent of the market, price 400-500 U.S. dollars / units are very popular, but because the quality and maintenance issues, quickly exit the market, now Ho Chi Minh City 2.8 million, Hanoi over 100 million motorcycles are almost all Japanese goods, prices 2000-8000 USD / Taiwan. Therefore, the credibility of Chinese goods in Vietnam is not high. Hope that China's food and packaging machinery in Vietnam can no longer followed the step motor.

According to Ho Chi Minh City Development Zone, China Rong Lu New Hope Group Co., Ltd. Zhao, general manager of the Ho Chi Minh introduce the company into the Ho Chi Minh City four years, is now profitable. They produce feed and fodder is equivalent to the United States, because the quality is good, so sales 也好. He believes that Chinese enterprises should correct the views of Vietnam's eight, otherwise difficult to enter the Vietnamese market.

The eight views are:

(1) Do not think that Vietnamese poverty. Ho Chi Minh City has a population of 5.3 million and 2.8 million motorcycles are expensive Japanese goods is prove that Ho Chi Minh city house prices reached 2500 U.S. dollars / square meter, Ho Chi Minh City's per capita wage is not high, but most are not alone wage income, so people's living standards is not low.

(2) Do not think the Vietnamese small. Vietnam has 80 million people, ranking 14th in the world, people are spending a very substantial high quality of life, a weakened economy, a number of North Vietnam, but after the reform and opening up the economy rose rapidly, more than 300 million people in Hanoi also has over 100 million motorcycles in Japan . Vietnam has 3,250 km of coastline, rich in aquatic products, a large number of exports to the U.S..

(3) The Vietnamese are not stupid. Generally agreed that in addition to the Chinese in Southeast Asia, the most intelligent on the number of Vietnamese.

(4) intense competition in the market, but orderly competition. Inferior goods, counterfeit goods, price competition can only bring temporary benefit, we can only withdraw from the market.

(5) The law. The Vietnamese concept of a strong legal system, so enterprises must abide by the law, at the same time develop a good own rules and regulations, rewards and punishments must be based on rewards and punishments are unknown, the boss to court employees.

(6) The product must be brand, otherwise difficult to enter the market.

(7) must respect the customs and habits of Vietnamese. Vietnam is located in the tropics, dressed casually, wearing slippers to work normal, local people do not think that is indecent, we must not be ignored them.

(8) invest in enterprises in Vietnam must first research. Generally do better than industry trade to money, but invest in industry must do first before the trade, find out the market, there can grasp the future to invest in industry in Vietnam.

In addition to the Vietnamese National Day, other holidays, like China, have been the lunar New Year, most people believe in Buddhism, a part of the rule because of the French 100 years, still Catholic. Vietnamese National Liberation rapid economic development in 30 years, the market in great demand, ready to build North-South Expressway, will reach more than 5000 km total length, Hanoi and Ho Chi Minh City are planning to build to me, to solve the current congestion of the two cities situation. Open construction of these two projects, the demand for construction machinery will be straight up. Vietnam Chamber of Commerce that the demand for their machines will have a very long time.